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Stock Market & Financial Investment News

News Breaks
January 16, 2013
10:41 EDTKSKapStone to open new corrugated manufacturing facility in Aurora, IL
The 192,000 square foot facility located 40 miles west of the city of Chicago will produce corrugated packaging and will also include a design lab and a technical center. KapStone expects to invest approximately $8M-$10M in the first phase. The Aurora location will enhance KapStone's sales coverage in the Midwest, particularly in Chicago and surrounding areas. The first phase will begin production at the new facility in March of this year.
News For KS From The Last 14 Days
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July 30, 2014
16:58 EDTKSKapStone reports Q2 adjusted EPS 58c, consensus 60c
Reports Q2 revenue $590M, consensus $574.3M.
July 25, 2014
08:08 EDTKSMLP potential could serve as floor for stocks, says Deutsche Bank
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July 24, 2014
13:16 EDTKSContainerboard names rally with Perry seeing 50%-100% upside
Richard Perry's Perry Capital took positions or increased holdings during Q2 in containerboard names International Paper (IP), RockTenn (RKT), KapStone (KS) and Packaging Corp. (PKG), Bloomberg reports. Perry believes managements can create master limited partnerships for their paper mills, driving share upside potential of 50%-100%, Bloomberg cites Perry as stating in the fundís Q2 letter. Shares of containerboard names are rallying today, with International Paper up 5%, RockTenn and KapStone up 9%, and Packaging Corp. up 4% in afternoon trading. Perry Capital has $10.9B under management, according to Bloomberg.
July 22, 2014
10:46 EDTKSHigh option volume stocks: SBAC KS EDU PII GALT EJ AXL TSEM HLF BCOR
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July 21, 2014
07:55 EDTKSJuly containerboard medium prices decline $10, says Deutsche Bank
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